SQN-ChrisD-Fallible — Indicator by ChrisD_Macro

centeredoscillator oscillator volatility

SQN(100) helps identify the market regime

Bull Volatile - Blue
Bull Quiet - Olive
Sideways - Gray
Bear Quiet - Red
Bear Volatile - Maroon

Release Notes:

Updated from Version1 of Pinescript to Version 4 for compatability
Standardized the SQN settings for all asset classes
Standardized colors of SQN
Consolidated neutral instead of neutral volatile and neutral quiet
Blue = Bull Volatile >1.7 and higher
Green = Bull Quiet >.6 to 1.7
Yellow = Neutral between .60 to -.60
Red = Bear Quiet -.60 to -1.70
Crimson = Bear Volatile < -1.70 and lower

I write a newsletter about edges in financial markets…and life. Traders responsible for 9+ figures in daily transactions read it and you should too. Former USMC. www.pollinatetrading.com

Open-source script

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